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Flash Summary
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E-Malt.com Flash 24b
June 17 - June 20, 2021
Quote of the Week
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C.S. Lewis
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Currency Rates
Base Currency: Euro
on June 18, 2021 |
Base Currency: US Dollar
on June 18, 2021 |
| |
1 EUR = 1.1945 USD
1 EUR = 0.8559 GBP
1 EUR = 1.4714 CAD
1 EUR = 1.5747 AUD
1 EUR = 131.9900 JPY
1 EUR = 6.0185 BRL
1 EUR = 86.4917 RUB
1 EUR = 7.6831 CNY
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1 USD = 0.8371 EUR
1 USD = 0.7165 GBP
1 USD = 1.2318 CAD
1 USD = 1.3182 AUD
1 USD = 110.4900 JPY
1 USD = 5.0385 BRL
1 USD = 72.4083 RUB
1 USD = 6.4320 CNY
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Currency Rates Chart
Equities of the Largest Breweries
Average Market Prices Change Trend
| June 18, 2021 |
French Barley/Malt
Crop 2021
Bulk |
EUR/T |
% |
| 2RS Malting Barley (FOB Creil) |
215.00-217.00 |  0.46% |
| 6RW Malting Barley (FOB Creil) |
211.00-213.00 | 0.47% |
| Feed Barley (FOB Creil) |
201.00-203.00 | 0.98% |
| 2RS Malt (FOB Antwerp) |
419.00-421.00 | 0.29% |
| 6RW Malt (FOB Antwerp) |
414.00-416.00 | 0.30% |
German Malting Barley
Crop 2020
Bulk
Ex Farm |
EUR/T |
% |
| Average Malting Barley Price |
204.00-206.00 | 0.35% |
Danish Malting Barley
Crop 2020
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,714.00-1,716.00 |  |
| Malting Barley (West) |
1,714.00-1,716.00 | |
Danish Malting Barley
Crop 2021
Free on truck
Ex Farm |
DKK/T |
% |
| Malting Barley (East) |
1,494.00-1,496.00 | 0.66% |
| Malting Barley (West) |
1,494.00-1,496.00 | 0.66% |
No change;
 Price increase;
Price decrease versus last publication.
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Click here to see our Market Prices History.
Finland: Viking Malt announces commencement of works on new malting house in Lahti
...Click here
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USA: Alcohol consumption sees largest volume gain in nearly 20 years
...Click here
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Spain: Beer consumption down 12% due to Covid-19 crisis
...Click here
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Australia: Zero alcohol beer segment growing faster than any other category
...Click here
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Australia: Barley exports in December – March total 3.748 mln tonnes
...Click here
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Canada: Rains halt Canada’s barley market bull trend
...Click here
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Germany: Hop acreage decreases for the first time after several years of growth
...Click here
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South Korea: Increased home consumption of alcohol doesn’t stop downward slope for imported beers
...Click here
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Russia: AB InBev Efes expects double-digit growth in its non-alcoholic local beer sales
...Click here
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Graph of the week
Table of the week
Canada Unroasted Malt Exports 2016 - 2020
Prices Evolution
Barley Prices
Theoretical Malt Prices
These Days in Business History
17 June
1885 - Statue of Liberty arrived in New York City
1970 - Edwin Land patents Polaroid camera
1988 - Microsoft releases MS DOS 4.0
18 June
1840 - Samuel Morse patents his telegraph
1943 - Congress of Racial Equality (CORE) founded
1948 - .N. Commission on Human Rights adopts International Declaration of Human Rights
2009 - The Lunar Reconnaissance Orbiter (LRO), a NASA robotic spacecraft is launched
19 June
1464 - French King Louis XI forms postal service
1764 - John Barrow is born, founder of Royal Geographical Society
1963 - 1st woman in space returns to Earth
20 June
1793 - Eli Whitney patents his cotton gin
1863 - 1st bank chartered in U.S., National Bank of Davenport, Iowa
1867 - President Andrew Johnson announces purchase of Alaska
2003 - The Wikimedia Foundation is founded in St. Petersburg, Florida
Agenda
June 2021:
30 - 30: International Beer Strategies Roundtable Forum 2021 (Online)
August 2021:
13 - 14: Beervana 2021 (Wellington, New Zealand)
24 - 28: 2nd VLB Africa Brewing Conference (Online)
September 2021:
09 - 12: Craft Brewers Conference & BrewExpo America 2021 (Denver, Colorado, USA)
16 - 18: Zurich Bier Festival 2021 (Zurich, Switzerland)
21 - 23: 11th Ibero-American VLB Symposium (Barcelona, Spain)
22 - 24: Beer and Soft Drinks Industry 2021 (Kyiv, Ukraine)
23 - 25: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
30 - 02 October: Stockholm Beer & Whisky Festival 2021 (Stockholm, Sweden)
October 2021:
07 - 10: Mondial de la Biere 2021 (Montreal, Canada)
13 - 15: Drink Japan 2021 (Makuhari Messe, Japan)
17 - 20: 14th International Trends in Brewing 'Beer & Society' 2021 (Leuven, Belgium)
18 - 20: Expo Antad & Alimentaria Mexico 2021 (Mexico City, Mexico)
20 - 22: drink technology India 2021 (Mumbai, India)
22 - 23: Copenhagen Beer Festival 2021 (Copenhagen, Denmark)
November 2021:
03 - 06: VIETFOOD & BEVERAGE - VIETNAM 2021 (Ho Chi Minh City, Vietnam)
04 - 05: Sea Brew 2021 (Taipei, Taiwan)
December 2021:
07 - 08: Brewers Congress 2021 (The Brewery, 52 Chiswell Street, London, UK)
February 2022:
11 - 14: HoReCa 2022 (Athens, Greece)
15 - 17: Brasil Brau 2022 (Sao Paulo, Brazil)
20 - 23: Beer & Food Attraction 2022 (Rimini Expo Centre, Rimini, Italy)
March 2022:
09 - 12: Festival Brasileiro da Cerveja 2022 (Blumenau, Brazil)
29 - 31: Beviale Moscow 2022 (Moscow, Russia)
April 2022:
01 - 01: Zythos Beer Festival 2022 (exact dates to be confirmed) (Leuven, Belgium)
May 2022:
05 - 05: World Beer Cup 2022 (USA)
11 - 13: Craft Beer China 2022 (Shanghai, China)
29 - 01 June: The Brewers of Europe Forum & 38th EBC Congress (Madrid, Spain)
June 2022:
07 - 08: Bev Expo 2022 (Manchester, UK)
10 - 11: Tallinn Craft Beer Weekend 2022 (Tallinn, Estonia)
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Malt News
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Finland: Viking Malt announces commencement of works on new malting house in Lahti
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Malting firm Viking Malt Group announced on June 15 that work has commenced on a new, €90 million malting house in Lahti, Finland. A
...More info on site
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Brewery News
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USA: Alcohol consumption sees largest volume gain in nearly 20 years
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In 2020, alcohol consumption in the US saw the largest volume gain in nearly 20 years, Drinks International reported on June 16.
According to new findings from IWSR Drinks Market Analysis, total alcohol beverages consumption increased by 2% in 2020, the largest volume gain since 2002.
The increases were driven by consumer demand for flavoured and better-for-you options, convenience, and the increase in at-home drinking occasions.
“A key driver of US beverage alcohol consumption is flavour,” said Brand Rand, IWSR’s chief operating officer of the Americas.
“Flavoured subcategories – from beer to vodka to US whiskey – are significantly outperforming traditional non-flavoured sub-categories. Flavour is also the top consumer driver of the fast-growing ready-to-drink category, and that’s likely creating a halo effect on total alcohol as well.”
The year-to-date 2021 performance is still higher than 2019 and expected to end at 3.8% growth in volume and a 5.5% increase in value.
As normal service resumes over the next five years, this growth rate is forecasted to slow with 0.5% volume growth and 2.8% value CAGR, 2020-2025.
The spirits category posted a 4.6% volume growth, the largest increase since 1990.
Within the category, agave spirits grew by 15.9% volume, overtaking rum to be the third-largest spirits category in the
...More info on site
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Spain: Beer consumption down 12% due to Covid-19 crisis
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The beer industry is the latest on the list of Covid-19 victims, with consumption in Spain recording a 12 per cent drop in 2020
...More info on site
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Australia: Zero alcohol beer segment growing faster than any other category
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The chief executive of Australia’s biggest beer business says the zero alcohol beer segment is growing faster than any other category and easily outstripping the 8 to 9 per cent growth of craft beers, as the company tries to offset a flat mainstream beer market, The Australian Financial Review reported on June 16.
Robert Iervasi, the group chief executive of Asahi Beverages, which has owned the Carlton & United Breweries beer business for a year after a A$16 billion buyout, also says it is unlikely the overall beer market in Australia will make a full recovery until next year after the hit to hospitality venues in the pandemic.
He said the zero alcohol beer category is forecast to grow at above 30 per cent annually from a low base, driven by the increasing focus on health and wellbeing by many people.
The company’s brands in this segment, led by Carlton Zero and Great Northern Zero, are important growth drivers for the overall Asahi business in Australia which is projected to generate annual revenues of close to A$4.2 billion in 2021. It also includes soft drink brands such as Schweppes and Pepsi Max.
Mr Iervasi terms the zero alcohol segment as “beyond beer”.
“Certainly beyond beer
...More info on site
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South Korea: Increased home consumption of alcohol doesn’t stop downward slope for imported beers
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South Korea consumers are drinking more alcohol alone at home amid COVID-19, a trend which has driven fruit wine imports up but not managed to stop a downward slope for imported beers, FoodNavigator-Asia.com reported on June 15.
The new trend is dubbed ‘homsul’, which refers to drinking alcohol at home, usually alone, which has unsurprisingly gained a lot of traction during COVID-19 due to lockdowns and social distancing rules, as well as an increasing number of younger South Koreans living independently.
According to recent data from the South Korean Ministry of Food and Drug Safety (MFDS), this trend has resulted in a shift in consumption occasions for alcohol, particularly for fruit wines and is something that the ministry is monitoring closely.
“As homsul is becoming a trend in the community, it can be seen that the consumption of [liquors such as] fruit wines is changing from a drink to be enjoyed on special days, to a drink to be enjoyed at home alone or sometimes with family,” said MFDA via a formal statement.
“Over 69,000 tons of fruit wine were imported in 2020, a 30.4% increase compared to the previous year (over 53,000 tons), and unlike the trend in previous years where fruit wine
...More info on site
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Russia: AB InBev Efes expects double-digit growth in its non-alcoholic local beer sales
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AB InBev Efes, a Russia-based unit of the world’s largest brewer Anheuser-Busch InBev, expects double-digit growth in its non-alcoholic local beer sales in the next few years, after COVID-19 accelerated a shift towards healthier lifestyles, Reuters reported on June 16.
While many beer lovers across the globe shifted to at-home consumption during the pandemic, non-alcoholic beer sales in Russia – the world’s sixth-largest beer market – grew 13% year-on-year, while the overall beer market rose 4%, according to AB InBev Efes.
The company’s own sales of non-alcoholic beer in Russia jumped by 20% last year, Dmitry Shpakov, chief executive officer of AB InBev Efes, told Reuters.
“Healthy lifestyles, which became popular long before the pandemic, gained more momentum last year and contributed to increasing consumer interest in non-alcoholic beer, delivering double-digit growth,” Shpakov said.
AB InBev Efes, which operates in Russia and Ukraine and offers BUD, Stella Artois and Spaten among other brands, expects this trend to continue over the next few years, Shpakov said.
“The (non-alcoholic beer) industry has more than doubled over the last four to five years. And the further ahead we look, the more non-alcoholic beer becomes not a substitute for alcoholic beer, but a category in its own right.”
Despite the
...More info on site
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Japan: Brewers double down on canned beers
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Japan’s social media has been abuzz recently over Asahi Breweries’ new canned offering that features a removable top, allowing them to be chugged down like an ice-cold mug of draft beer, known as nama in Japanese, the Japan Times reported on June 17.
Beer makers suffering from a plunge in consumption at restaurants and bars during the pandemic are zeroing in on canned beer, backed by tax cuts for regular beer and a surge in household alcohol consumption. The situation is giving an edge to such products as Asahi’s new Super Dry.
The beer sold out within days of being released in convenience stores and then in supermarkets. Fans will have to wait until mid-June for more, said Asahi.
“We want to enhance the home drinking experience by offering customers a product that reminds them of the joy of drinking a freshly poured nama beer with a creamy head,” said Kristin Chiu, spokesperson for Asahi Group Holdings. While the release of the product couldn’t have been better timed, it was actually four years in the making, she said.
The can’s design features an interior coating with fine protrusions that generate delicate bubbles and a smoother head, as well as a top that can be
...More info on site
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Barley News
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Australia: Barley exports in December – March total 3.748 mln tonnes
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Australia’s barley exports in December 2020 – March 2021 were 131 thousand tonnes of malting barley to Vietnam, Mexico and Japan, and 3.617 mln
...More info on site
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Canada: Rains halt Canada’s barley market bull trend
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The bull trend of Canada's barley market in 2020/21 has halted, when beneficial and partly torrential rains saved the crops, at least temporarily, in the dry Prairies, H. M. Gauger GmbH reported earlier in June.
Prices of the central feed barley market Lethbridge came down from C$350 to C$310 per tonne for old crop. New crop is offered at C$275.
Domestic and export (China) demand had incited farmers to plant 3.2 mln ha of barley vs. 2.8 mln last year. Private forecasters expect a crop of 12.5 mln tonnes (last year 10.7 mln). Exports should reach 4.2 mln vs. 3.6 mln tonnes in the present campaign. Domestic feed demand is seen at 6.9 vs. 6.3 mln tonnes.
U.S. Yellow Corn used to compete with Canadian barley in the stock feed centres of Alberta, but is not now and will hardly be competitive in the new crop year.
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Hops News
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Germany: Hop acreage decreases for the first time after several years of growth
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According to official data, hop acreage in Germany decreased by approximately 85 ha (-0.4 %) to 20,600 ha. Of these, 19,950 ha are mature
...More info on site
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